DRB-Hicom Bhd, founded in 1990 and headquartered in Malaysia, is a prominent investment holding company focused on automotive and property development sectors. It plays a key role in the automotive industry through its ownership of several automotive brands and manufacturing facilities, along with diversified interests in logistics, finance, and tourism.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DRBHMK 5.10% 2029-12-12 MYRDRB-Hicom Bhd | Malaysia | 2029-12-12 | 5.100 | 3.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, DRB-Hicom has been an active participant in the bond market, with its first bond issuance occurring in the early 2000s. Notable among its issuances are the RM1.5 billion sukuk issued in 2013 to finance strategic acquisitions, as well as a subsequent RM1 billion issuance in 2017 aimed at refinancing existing debt. Current yields on DRB-Hicom's bonds are competitive against industry benchmarks, reflecting investor confidence. The company has also introduced unique features in some of its offerings, such as sustainability-linked bonds, which align financing terms with environmental performance metrics, enhancing its appeal among socially responsible investors.